Short Interest in China Youzan Limited (OTCMKTS:CHNVF) Increases By ∞

China Youzan Limited (OTCMKTS:CHNVF) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 120,000 shares, an increase of ∞ from the July 15th total of 0 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Hedge Funds Weigh In On China Youzan

A number of institutional investors have recently made changes to their positions in CHNVF. Diversify Advisory Services LLC purchased a new position in shares of China Youzan during the 2nd quarter valued at approximately $3,593,000. BlackRock Inc. bought a new stake in shares of China Youzan in the second quarter worth $8,352,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of China Youzan in the second quarter worth $14,626,000. Finally, Serenity Capital Management PTE. LTD. acquired a new stake in China Youzan in the second quarter valued at $16,457,623,000.

China Youzan Price Performance

Shares of CHNVF opened at C$0.13 on Monday. China Youzan has a one year low of C$0.02 and a one year high of C$0.13. The stock has a 50-day moving average price of C$0.13 and a 200 day moving average price of C$0.06.

About China Youzan

China Youzan (OTCMKTS: CHNVF) is a Hangzhou-based e-commerce software-as-a-service (SaaS) provider that offers a comprehensive suite of digital storefront, payment and marketing tools for merchants. The company’s core platform enables retailers and individual merchants to quickly launch online stores, manage inventory, process orders and integrate with popular social media and messaging apps. By focusing on end-to-end store operations and customer engagement, Youzan empowers small and medium-sized businesses to establish and grow their e-commerce presence without heavy upfront technology investments.

Youzan’s product portfolio spans online store creation, mobile micro-stores on platforms such as WeChat, customer relationship management, data analytics and targeted marketing campaigns.